Lippes Mathias Congratulates Ultralife Corp. on Successful $50 Million Acquisition of Electrochem Solutions, Inc.
October 7, 2024 |
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Lippes Mathias extends its congratulations to its client, Ultralife Corporation, on completing the acquisition of Electrochem Solutions, Inc., a Massachusetts-based battery manufacturer, from Integer Holdings Corp. for $50 million. This milestone transaction enhances Ultralife’s advanced energy solutions portfolio and bolsters its standing in the global energy, military, and industrial markets.
With more than 40 years of experience, Electrochem Solutions designs and manufactures lithium metal and ultracapacitor cells and battery packs for critical applications worldwide. The acquisition expands Ultralife’s reach into complementary technologies and markets, creating new opportunities to serve its diverse customer base while driving efficiency and innovation.
The transaction was supported by a multidisciplinary Lippes Mathias team, which included partners Brian J. Bocketti and Thomas B. Hughes, along with associate MacKenzie A. Hamill and Director of Tax Devon R. McDonald.
About Lippes Mathias LLP
Lippes Mathias is a full-service law firm with more than 210 attorneys serving clients regionally, nationally, and internationally. With offices in Buffalo, Clarence, Albany, Long Island, New York, Rochester, Syracuse, and Saratoga Springs, N.Y.; Greater Toronto Area; Chicago, Ill.; Jacksonville and West Palm Beach, Fla.; Cleveland, Ohio; San Antonio, Texas; Oklahoma City, Okla. and Washington, D.C., the firm represents publicly and privately-owned companies, private equity and venture capital firms, real estate developers, financial institutions, municipalities, governmental entities, and individuals.
Year after year, Lippes Mathias is proud to be recognized by The Best Lawyers in America®, U.S. News - Best Lawyers®, Super Lawyers, and Chambers USA. For more information, visit www.lippes.com.
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